WEBVTT 1 00:00:00.100 --> 00:00:02.240 No banks, no fees no inflation. 2 00:00:02.280 --> 00:00:07.160 These are the potential perks of the thing called Bitcoin 3 00:00:07.200 --> 00:00:10.040 but this bitcoin is really the money of the future? 4 00:00:12.000 --> 00:00:15.920 Bitcoin Bitcoin All the Rage, but what the hell is it? 5 00:00:15.960 --> 00:00:18.880 Bitcoin is is better than currencies 6 00:00:18.920 --> 00:00:20.280 there is a big industry around Bitcoin. 7 00:00:20.320 --> 00:00:24.240 and people had made fortunes out of Bitcoin. 8 00:00:24.280 --> 00:00:29.520 the technical answer to bitcoin is that bitcoin is a remarkable cryptographic achievement 9 00:00:29.560 --> 00:00:32.360 It is a huge deal. 10 00:00:32.400 --> 00:00:34.640 It's a huge huge huge deal. 11 00:00:34.680 --> 00:00:42.120 If people have got a lot of bitcoins and would like to get to space, I would rather they spent it on our space ship. 12 00:00:42.160 --> 00:00:47.200 I personally, I own Bitcoin in my hedge fund. I own Bitcoin in my fund, I own Bitcoin in my prime account.